With plans to surpass 120 courts by 2027, Padel Haus is staking its claim as the U.S. leader in the fastest-growing sport
Padel Haus, the Brooklyn-born and fast-scaling U.S. padel club operator, has raised $7 million in a Series B round to triple its national footprint and cement its position as the sport’s premium U.S. brand.
The raise values the company at $33 million and brings total funding to $18 million since its 2022 launch. Backers include institutional investors Bolt Ventures (David Blitzer), Vanquish Equity, Mario Gabelli and Epic Padel, alongside athletes from the NFL, MLS and NHL. Several existing angel investors and family offices also reinvested in the round.
Founded and led by entrepreneur Santiago Gomez, Padel Haus has grown from a single club in New York City to nearly six locations across four cities, including a Denver site slated to open this summer. The padel operator expects to operate 40 courts by year’s end and is aiming to reach 120 courts and more than 20 wholly owned locations by 2027.
Gomez’s passion for padel runs deep. In an interview last year with Athletech News, Gomez shared that he grew up playing the sport in Mexico, where padel was first invented in 1969.
“I grew up with the sport in my blood — my family has been playing it for years,” he said. After a career in finance and a successful run in hospitality, Gomez returned to the sport during the pandemic and saw an opportunity to bring it to New York — a market he described as ideal given how many expats and international residents live in the city. Padel Haus opened its first location in Dumbo, Brooklyn in the summer of 2022.
Beyond fueling expansion, the funds will also go toward completing three new club buildouts and elevating the Padel Haus club experience.
“It’s been incredibly rewarding to see the impact we’ve made in every community we’ve entered,” Padel Haus CFO Roger Morales said. “As padel continues to explode across the U.S., this raise fuels our commitment to lead the charge, not just as operators, but as the premier national brand setting the tone for the sport in America.”
Gomez added that the raise validates the company’s leadership position in a sport that’s quickly gaining traction across the country.
“We’re not a promise or a concept—we’re a profitable, three-year-old company experiencing exponential growth, with proven demand across every market we’ve entered, from major cities to emerging hubs like Nashville and Atlanta,” he said. “Our focus over the next 24 months is to secure more unique real estate opportunities and continue delivering value to our investors. We’ve earned our leadership position by doing things right and refusing to cut corners.”
Padel’s Growth Spurs Brand Partnerships
The fast-paced mix of tennis and squash is emerging as pickleball’s next big challenger, offering a more technical, high-speed step up for players ready to level up. It’s also catching the attention of major brands, with recent partnerships and investments signaling growing interest.
Sleep fitness company Eight Sleep is the latest to jump in. In partnership with 6 Love Sports, the company is rebranding one of the sport’s top women’s leagues as the Eight Sleep Miami Women’s Padel League by 6 Love Sports. The league’s next season kicks off August 7 and will feature more than 160 players across multiple divisions. To mark the partnership, Eight Sleep will gift its flagship Pod 5 smart recovery system to the winning team each season.
Meanwhile, two racquet sports heavyweights are teaming up to fuel padel’s global rise. Babolat, known for its high-performance racquets, has inked a strategic partnership with Playtomic, a digital racquet sports platform that connects more than 6,000 clubs and millions of players worldwide. The move comes just months after Playtomic’s $273 million valuation in March. Activations will roll out in key markets including Spain, Italy, France, the U.K., Germany and the U.S., blending gamified digital content with immersive, in-club experiences.
